Here’s what we are looking for in tomorrow’s economic reports (October 14, 2019) — Good Luck Trading!
1. NZ PMI Services (17:30 ET) Bearish NZD — No change in PMI manufacturing but economy in general expected to weaken with market looking for RBNZ to ease
2. EZ Industrial Production (05:00 ET) Bullish EUR — Rise in German IP signals stronger EZ data
We have just posted our weekly news trading calendar for the week of October 14, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (October 12, 2019) — Good Luck Trading!
1. NZ Business PMI (17:30 ET) Bearish NZD — Weaker business & consumer confidence
2. CAD Employment (08:30 ET) Bearish CAD — Major decline in employment component of IVEY PMI
3. University of Michigan Sentiment Index (10:30 ET) Bearish USD — Impeachment inquiry & stock slide should hurt sentiment
Here’s what we are looking for in tomorrow’s economic reports (October 9, 2019) — Good Luck Trading!
1. German Trade Balance and Current Account Balance (02:00 ET) Bearish EUR — Even though industrial production beat expectations, the general potential weakness in the EZ economy and decline in factory orders signals weakness in German data
2. UK Trade Balance and Industrial Production (04:30 ET) Bullish GBP — Potential upside surprise given rise in manufacturing PMI but GDP could be softer given lower retail sales
3. US CPI (08:30 ET) Bearish USD — Potential downside surprise given unexpected decline in PPI
Here’s what we are looking for in tomorrow’s economic reports (Octobeer 8, 2019) — Good Luck Trading!
1. FOMC Minutes (14:00 ET) No Trade — Will most likely to be dollar positive given 2 dissents against cut last month
Here’s what we are looking for in tomorrow’s economic reports (Oct 7, 2019) — Good Luck Trading!
1. German Industrial Production (02:00 ET) Bearish EUR — Potential downside surprise given decline in factory orders
2. US Producer Price Index (08:30 ET) Bearish USD — Lower import and export prices along with drop in ISM prices signal weakness in PPI
We have just posted our weekly news trading calendar for the week of October 7, 2019. You can download the pdf and excel file by clicking on the Read More Link. These are soft biases on economic data and not trades that we directly trade or track like BK Swing and News.
Here’s what we are looking for in tomorrow’s economic reports (Oct 4, 2019) — Good Luck Trading!
1. AU Retail Sales (21:30 ET) Bullish AUD — Potential upside surprise given rise in sales component of PSI
2. US Non-Farm Payrolls (08:30 ET) No Trade — Non-farm payrolls is very difficult to predict but extremely market moving
3. CAD Trade and IVEY PMI (08:30 & 10:00 ET) Bullish CAD — Potential improvement in trade given rise in Aug IVEY PMI
Here’s what we are looking for in tomorrow’s economic reports (Oct 3, 2019) — Good Luck Trading!
1. AU PMI Services (17:30 ET) Bearish AUD — While the PMI manufacturing index beat expectations, the rate cut from the RBA and their degree of dovishness leads us to believe that service activity slowed
2. Revisions to EZ PMI Services (03:55 ET) No Trade — Revisions are difficult to handicap but changes are market moving
3. EZ PPI and Retail Sales (05:00 ET) Bearish EUR — German CPI slightly weaker, retail sales soft as well
4. US Non-Manufacturing ISM (10:00 ET) Bearish USD — Sharp fall in ISM manufacturing index signals broader problems for US economy and services
Here’s what we are looking for in tomorrow’s economic reports (Oct 2, 2019) — Good Luck Trading!
1. US ADP Employment Change (08:15 ET) No Trade — ADP is difficult to predict but can be market moving
Here’s what we are looking for in tomorrow’s economic reports (Oct 1, 2019) — Good Luck Trading!
1. AU PMI Manufacturing (17:30 ET) Bearish AUD — Potential downside surprise given weakness in Chinese economy
2. RBA Rate Decision (00:30 ET) No Rate — Market is looking for rate cut, unclear if RBA will deliver
3. EZ PMI Revisions (03:55 ET) No Trade — Revisions are difficult to handicap but changes will be market moving. p
4. UK PMI Manufacturing (04:30 ET) Bearish GBP — Potential downside surprise given sharp drop in CBI index
5. EZ CPI (05:00 ET) Bullish EUR — Potential upside surprise given no change in German inflation
6. CAD GDP (08:30 ET) Bearish CAD — Potential weakness given major deterioration in trade balance
7. US Manufacturing ISM (10:00 ET) Bearish USD — Risk to downside given weaker Empire State, Philly Fed and Richmond Fed index
Here’s what we are looking for in tomorrow’s economic reports (Sept 30, 2019) — Good Luck Trading!
1. Chinese PMI (21:30 ET) No Trade — Chinese data is difficult to predict but can be very market moving
2. GE Unemployment (03:55 ET) Bearish EUR — PMI report shows job growth slowing to an 8 month low
3. UK GDP Revisions (04:30 ET) No Trade — UK data is generally not revised bu changes are difficult to handicap
4. GE Consumer Price Index (08:00 ET) Bearish EUR — PMIs report weaker price pressures across the private sectror
